made in Sweet v. Desha Lumber Co., 56 Arkansas, 629, upon facts almost éxactly like those in the case at bar.
The construction and application of this clause of the statute of frauds first came before this court at December term, 1866, in Packet Co. v. Sickles, 5 Wall. 580, which arose in the District of Columbia under the statute of 29 Car. II, c. 3, § 4, in force in the State of Maryland and in the District of Columbia. Alexander’s British Statutes in Maryland, 509 ; Ellicott v. Peterson, 13 Maryland, 476, 487; Comp. Stat. D. C., c. 23, § 7.
That was an action upon an oral contract by which a steamboat company agreed to attach a patented contrivance, known as the Sickles cut-off, to one of its steamboats, and, if it should effect a saving in the consumption of fuel, to use it on that boat during the continuance of the patent, if the boat should last so long; and to pay to the plaintiffs weekly, for the use of the cutoff, three fourths of the value of the fuel saved, to be ascertained in a specified manner. At the date of the contract, the patent had twelve years to run. The court, in an opinion delivered by Mr. Justice Nelson, held the contract to be within the statute ; and said : “ The substance of the contract is that the defendants are to pay in money a certain proportion of the ascertained value of the fuel saved at stated intervals throughout the period of twelve years,- if the boat to which the cut-off is attached should last so long.” “ It is a contract not to be performed within the year, subject to a defeasance by the happening of a certain event, which might or might not occur within that time.’-’ 5 Wall. 594-596. And reference was made to Birch v. Liverpool, 9 B. & C. 392, and Dobson v. Collis, 1 H. & N. 81, in each of which the agreement was for the hire of a thing, or of a person, for a term specified of-more than a year, determinable by notice within the year, and therefore within the statute, because it was not to be performed within a year, although it was defeasible within that period.
In Packet Co. v. Sickles, it appears to have been assumed, almost without discussion, that the contract, according to its true construction, was not to be performed in less than twelve years, but was defeasible by an event which might or